{"id":31438,"date":"2025-02-10T13:34:38","date_gmt":"2025-02-10T13:34:38","guid":{"rendered":"https:\/\/zebpay.com\/in\/?p=31438"},"modified":"2025-02-10T13:34:39","modified_gmt":"2025-02-10T13:34:39","slug":"bitcoin-technical-analysis-report-10th-february-2025","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/bitcoin-technical-analysis-report-10th-february-2025","title":{"rendered":"Bitcoin Technical Analysis Report – 10th February 2025"},"content":{"rendered":"\n

On Feb. 7, U.S. officials reported that the economy added 143,000 jobs in January, undershooting expectations and signalling a potential cooling in the labour market. Meanwhile, Bitcoin and other digital assets are benefiting from favourable policy developments, including progress on stablecoin legislation, bolstering optimism for a sustained bullish trend. In response to the employment data, Bitcoin surged to $100,000 at the Wall Street open, as risk assets found relief in the weaker-than-expected job growth. The reported figures fell short of the 169,000 forecasts and lagged behind trader estimates on predictive platforms.<\/p>\n\n\n\n

At the time of writing, BTC was trading at $96,635.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

BTC is struggling to sustain itself at higher levels than $105K. The asset witnessed a sharp correction after making a new all-time high of $109,588. The prices fell almost by 16.5% making a low of $91,231 today. BTC has taken support multiple times at $90,000 and last week too, it bounced from the same levels. $105,000 to $110,000 will act as a strong resistance, whereas $90,000 to $85,000 will act as a strong support for the asset. Breakouts on either side of these levels with good volumes will further decide the trend for the asset.<\/p>\n\n\n\n

Key Levels:<\/strong><\/p>\n\n\n\n

Support 2<\/strong><\/td>Support 1<\/strong><\/td>Asset<\/strong><\/td>Resistance 1<\/strong><\/td>Resistance 2.<\/strong><\/td><\/tr>
$85,000<\/td>$90,000<\/td>BTC<\/strong><\/td>$110,000<\/td>$125,000<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

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TRADE NOW<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

On Feb. 7, U.S. officials reported that the economy added 143,000 jobs in January, undershooting expectations and signalling a potential cooling in the labour market. Meanwhile, Bitcoin and other digital assets are benefiting from favourable policy developments, including progress on stablecoin legislation, bolstering optimism for a sustained bullish trend. In response to the employment data, […]<\/p>\n","protected":false},"author":1,"featured_media":30298,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[26],"tags":[310,16],"acf":[],"_links":{"self":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/31438"}],"collection":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/comments?post=31438"}],"version-history":[{"count":1,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/31438\/revisions"}],"predecessor-version":[{"id":31454,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/31438\/revisions\/31454"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/30298"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=31438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=31438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=31438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}